Government Papers: Pension Freedoms Inquiry
The Committee is investigating several areas, including:
- What people are doing with their pension pots and are those decisions consistent with their objectives? Is there adequate monitoring of the decisions being made?
- Are people taking proportionate advice and guidance and if not, why not? Are people adjusting behaviour in response to advice and guidance?
- To what extent will pensions dashboards enable consumers to make more informed decisions? What are the remaining obstacles to their creation and how should those obstacles be overcome?
- Is Pension Wise working? If not, how should it be reformed?
- Are there persistent gaps in the advice and guidance market and what might fill them? Is automated advice and guidance filling gaps as expected?
- Are the freedom and choice reforms part of a coherent retirement saving strategy? To what extent is it complimentary to or undermined by other policies?
The Committee invites written evidence on any or all of the above points by Monday 23 October 2017, including recommendations for improvements in each case.